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The Shamrock Dogfood Company (SDC) has consistently paid out 35 percent of its eamings in dividends, The company's return on equity is 16 percent. Do

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The Shamrock Dogfood Company (SDC) has consistently paid out 35 percent of its eamings in dividends, The company's return on equity is 16 percent. Do not round intermediate calculations. Round your answers to two decimal places. a. What would you estimate as its dividend growth rate? b. If you found out that the compary was only groaing at 2 percent, how much could the company afford to pay out

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